Get started
Alexander_Amon

The Pound seems weak, wait for 135.8 area before buying

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Alexander_Amon  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis GBPJPY gbpjpylong
4
1
trendanalysis gbpjpy gbpjpylong
The week before last week was a bullish week for the Pound, so for now it seems weaker, therefore wait before buying GBPJPY.
We could see a push down to the weekly level of 135.8 which could lead us to a bullish rejection.
Then the way could be open for 141.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.